October 2018

Jumio, the creator of Netverify® Trusted Identity as a Service (TIaaS), has announced a partnership with Engage Technology Partners Ltd., to integrate Jumio’s online identity verification technologies into Engage’s cloud-based recruitment solutions, designed to help end-hirers, agencies, payrolls and workers navigate and simplify the recruitment

BusinessCloud’s inaugural UK Business Tech Awards are set for November and will recognise the individuals and businesses who are making the most impact in the world of technology.
Each day for a fortnight we are highlighting a different category ahead of a glitzy ceremony at London’s

Britain’s financial services industry had the biggest trade surplus in the world last year, reinforcing its position as an exporting powerhouse for the economy (Callum Jones writes).
The sector generated a trade surplus of $88 billion (£68 billion) last year, bigger than the US, Switzerland and

London money transfer fintech startup Worldremit has today revealed former Paddy Power Betfair chief Breon Corcoran will be its newest chief executive.
Corcoran joins the fintech as it hurtles towards so-called unicorn status - a company worth over $1bn (£764.6m) - after successfully managing the merger

European officials have said there will be no cliff-edge drop for derivatives markets if Britain leaves the EU without a deal.
Olivier Guersent, an aide to the bloc’s head of financial services, told a Politico event: “There is no cliff edge."
He made the remarks after his

The global payments industry is dramatically improving due to technology. Mobile has changed everything. Payments are getting faster and smarter. Competition is intense. And payments are revolutionising markets in the developing world even faster than in the developed world.
In just the next seven years, the

Western Union is gearing up to face innovation head-on as it launches a digital bank account transfer service in the UK, competing with major fintech startups such as Transferwise for command of the market.
UK consumers will now be able to send up to £50,000 from

London-based venture capital (VC) firm Mosaic Ventures has today announced the close of its second fund, Mosaic II, at $150m (£115m) for startups across the capital and beyond.
Intending to cut cheques at series A-stage for between $3m and $7m, Mosaic Ventures has previously backed the

Flash back to the immediate aftermath of the Brexit vote.
“London has committed suicide as a leading fintech centre,” tweeted Traxpay, a German payments platform.
Catchy advertising urged startups to “keep calm and move to Berlin”.
Over two years later, and it’s French President Emmanuel Macron leading the